If you're looking for a reliable crypto exchange in 2025, you’ve probably heard of Binance, Bybit, or KuCoin. But what about Daybit Exchange? If you’ve stumbled upon it while searching for a new platform, you might be wondering if it’s worth your time. The short answer? Probably not. Daybit Exchange doesn’t just lag behind the competition-it’s barely visible in the market.
Daybit Exchange Is Untracked and Hard to Find
Most major crypto exchanges show up clearly on CoinMarketCap, CoinGecko, or CryptoCompare. They have real trading volumes, active pairs, and user reviews. Daybit Exchange? It’s listed as an “Untracked Listing” on CoinMarketCap. That means no one can verify how much trading actually happens there. No volume data. No reserve information. No active trading pairs. It’s like a store with the lights off and the door locked-technically open, but you can’t tell if anyone’s inside. This isn’t a new platform trying to grow. It’s a platform that seems to have disappeared. Even in 2025, when the crypto market is more crowded than ever, with dozens of new exchanges launching each year, Daybit hasn’t made a single move to stand out. No press releases. No social media updates. No developer activity. It’s silent.Only Korean Won? That’s a Big Problem
If you’re in South Korea, you might think, “Hey, maybe this is for me.” But even then, Daybit Exchange has major limitations. It only accepts Korean Won (KRW) for deposits. No USD, no EUR, no GBP. Not even USDT or other stablecoins for funding. And here’s the kicker: it doesn’t accept credit cards. That means if you want to deposit money, you need to already have KRW in a Korean bank account-and you need to know how to transfer it via bank wire or local payment method. For most international users, that’s a dealbreaker. Even for Koreans, it’s inconvenient. Most top exchanges like UpBit or Binance Korea let you buy crypto with a credit card in under 5 minutes. Daybit doesn’t. You’re stuck with slow bank transfers.Fees Are Higher Than Average
Trading fees matter. Even a 0.02% difference adds up over time. Daybit Exchange charges fees that are “a bit on the high end,” according to Cryptowisser. That puts them above the 0.10% industry average. Compare that to Bybit at 0.03%, KuCoin at 0.03%, or even Bitpanda at 0.1%. Daybit doesn’t just charge more-it charges more without offering anything extra. No tiered fee structure. No volume discounts. No loyalty rewards. No staking bonuses. No referral programs. Just flat, high fees with no upside. If you’re trading small amounts, you’ll pay more than necessary. If you’re trading large amounts, you’ll wonder why you’re not on a platform that rewards you for it.
No Advanced Features. No Tools. No Ecosystem
In 2025, even beginner-friendly exchanges offer more than Daybit. Look at KuCoin: it has staking, futures, copy trading, and a built-in NFT marketplace. Bybit offers derivatives with up to 100x leverage. Binance has Earn, Launchpool, and a full DeFi wallet. Daybit? Nothing. No futures. No staking. No NFTs. No lending. No mobile app you can download from the App Store or Google Play. It’s a basic spot trading platform-barely. And even that basic functionality is hard to verify because there’s no public proof it works reliably. No user screenshots. No video tutorials. No Reddit threads asking how to withdraw. You’re expected to trust it blindly.No Reviews. No Community. No Trust
You don’t need to be an expert to spot a red flag: zero user reviews. No Trustpilot page. No Reddit discussions. No YouTube videos showing how to use it. No complaints about withdrawal delays. No praise for customer service. Nothing. Compare that to UpBit, which Forbes Adviser ranked as the 4th most trusted exchange globally. Or Binance, which has millions of active users and constant community feedback. Daybit doesn’t even have enough users to generate a single meaningful review. That’s not a quiet success. That’s a ghost town.Is It Confused With DayBit.com?
Here’s something you won’t find in most searches: DayBit.com is not the same as Daybit Exchange. DayBit.com is a review site that promotes crypto casinos, anonymous trading, and “provably fair games.” It’s not an exchange-it’s a content platform that earns money by referring users to gambling sites. The similar names are no accident. It’s designed to confuse people. If you clicked on a link thinking you were going to trade Bitcoin on Daybit Exchange, but landed on a site full of crypto slot machines and bonus codes, you’ve been misled. This confusion makes researching Daybit Exchange even harder. You’re not just fighting a lack of information-you’re fighting misinformation.
Why This Matters in 2025
The crypto exchange market in 2025 is more competitive than ever. New players are launching with zero fees, instant fiat on-ramps, AI-powered trading tools, and 24/7 multilingual support. Even small regional exchanges like VALR in South Africa or BitFlyer in Japan have clear roadmaps, active teams, and user bases. Daybit Exchange has none of that. It doesn’t compete. It doesn’t innovate. It doesn’t even communicate. It’s a relic from a time when crypto was still new enough that you could launch a basic website and hope people would use it. If you’re looking to trade crypto safely and efficiently, Daybit Exchange is not the answer. It doesn’t offer security, liquidity, features, or support. It offers silence.What Should You Use Instead?
If you’re in Korea and want a local exchange with KRW support, use UpBit or Binance Korea. Both offer credit card deposits, lower fees, and real customer support. If you’re international and want to trade with fiat, use Bybit, KuCoin, or Bitpanda. They support multiple currencies, have mobile apps, and active communities. If you want low fees and high liquidity, go with Binance or OKX. They’re the giants for a reason. Daybit Exchange doesn’t belong in any of those lists. Not because it’s bad-it’s because it’s invisible.Is Daybit Exchange safe to use?
There’s no way to verify Daybit Exchange’s security practices because it doesn’t publish audits, certifications, or security updates. Most reputable exchanges disclose their cold wallet storage, insurance funds, and penetration testing results. Daybit does none of this. Without transparency, you can’t assume safety.
Can I deposit Bitcoin or USDT on Daybit Exchange?
You might be able to deposit crypto assets like Bitcoin or USDT if they’re listed, but you can’t fund your account with them. Daybit only accepts Korean Won (KRW) for deposits. That means you need to convert your crypto to KRW first on another exchange, then transfer the KRW to Daybit. It’s an unnecessary middle step that adds cost and risk.
Why doesn’t Daybit Exchange have trading volume data?
There are two possibilities: either the exchange has almost no users and trades, or it’s not sharing its data with market trackers like CoinMarketCap. Either way, it’s a red flag. Legitimate exchanges want to be tracked-it builds trust. Daybit’s silence suggests it’s either inactive or trying to hide.
Does Daybit Exchange have a mobile app?
No, Daybit Exchange does not have a mobile app available on the Apple App Store or Google Play Store. There’s no official app for iOS or Android. Any app claiming to be Daybit is likely fake or malware. You can only access the platform through a web browser, which limits convenience and security.
Is Daybit Exchange regulated?
There is no public evidence that Daybit Exchange is regulated by any financial authority. It doesn’t list licensing information on its website, and no government body has acknowledged its operations. In contrast, exchanges like Binance (in select regions) or Bybit (registered in Dubai) clearly state their regulatory status. Without regulation, you have no legal recourse if something goes wrong.